HORSLEY, 2530 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Average median house prices in NSW have risen as a whole, pulling HORSLEY, 2530 values up and netting property investors a capital gain of 2.38% for the past year.
Investors saw the median home price rise to $903,000.
Profits due to an downward trend in home prices in the suburb averaged -0.79% per annum over a 3-year period.
HORSLEY now ranks at the 641st place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in HORSLEY are low, as opposed to average gains per annum over the past five years.
Because of this real estate investors could earn a rental income of $750 based on current median home prices.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In HORSLEY, homes and units usually stay on listing for an average of 45.2 days.
In 2016, 183 properties were sold in HORSLEY during the past year, making it the 978th most active market in NSW based on total real estate transactions.
HORSLEY ranks 490th in NSW when it comes to estimated capital gains experienced by property investors over the past three years.
HORSLEY, 2530 has a capital gain of 0% for the past year, which is average compared to its 0% growth within a five-year period.
With the median home price in HORSLEY sitting at $815,000, and the average rent at $525, property owners could potentially earn a 3.35% increase in gross rental yield.
Property investors have seen a 0% gain in HORSLEY based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that HORSLEY, 2530 obtained a 3% growth over a ten-year period. It ranks 1253rd on our list of suburbs that property investors should look into.